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Routledge Handbook of Evolutionary Economics

Routledge Handbook of Evolutionary Economics PDF Author: Kurt Dopfer
Publisher: Taylor & Francis
ISBN: 0429677723
Category : Business & Economics
Languages : en
Pages : 477

Book Description
While dating from post-Classical economists such as Thorstein Veblen and Joseph Schumpeter, the inception of the modern field of evolutionary economics is usually dated to the early 1980s. Broadly speaking, evolutionary economics sees the economy as undergoing continual, evolutionary change. Evolutionary change indicates that these changes were not planned, but rather were the result of innovations and selection processes. These often involved winners and losers, but most importantly, they resulted in actors learning what was and was not working. Evolutionary economics, in contrast to mainstream economics, emphasises the relevance of variables such as technology, institutions, decision rules, routines, or consumer preferences for explaining the complex evolutionary changes in the economy. In so doing, evolutionary economics significantly broadens the scope of economic analysis, and sheds new light on key concepts and issues of the discipline. This handbook draws on a stellar cast list of international contributors, ranging from the founders of the field to the newest voices. The volume explores the current state of the art in the field of evolutionary economics at the levels of the micro (e.g. firms and households), meso (e.g. industries and institutions), and macro (e.g. economic policy, structure, and growth). Overall, the Routledge Handbook of Evolutionary Economics provides an excellent overview of current trends and issues in this rapidly developing field.

Routledge Handbook of Evolutionary Economics

Routledge Handbook of Evolutionary Economics PDF Author: Kurt Dopfer
Publisher: Taylor & Francis
ISBN: 0429677723
Category : Business & Economics
Languages : en
Pages : 477

Book Description
While dating from post-Classical economists such as Thorstein Veblen and Joseph Schumpeter, the inception of the modern field of evolutionary economics is usually dated to the early 1980s. Broadly speaking, evolutionary economics sees the economy as undergoing continual, evolutionary change. Evolutionary change indicates that these changes were not planned, but rather were the result of innovations and selection processes. These often involved winners and losers, but most importantly, they resulted in actors learning what was and was not working. Evolutionary economics, in contrast to mainstream economics, emphasises the relevance of variables such as technology, institutions, decision rules, routines, or consumer preferences for explaining the complex evolutionary changes in the economy. In so doing, evolutionary economics significantly broadens the scope of economic analysis, and sheds new light on key concepts and issues of the discipline. This handbook draws on a stellar cast list of international contributors, ranging from the founders of the field to the newest voices. The volume explores the current state of the art in the field of evolutionary economics at the levels of the micro (e.g. firms and households), meso (e.g. industries and institutions), and macro (e.g. economic policy, structure, and growth). Overall, the Routledge Handbook of Evolutionary Economics provides an excellent overview of current trends and issues in this rapidly developing field.

The Routledge Handbook of Evolutionary Economics

The Routledge Handbook of Evolutionary Economics PDF Author: Kurt Dopfer
Publisher:
ISBN: 9781032533391
Category :
Languages : en
Pages : 0

Book Description


The Routledge Handbook of Heterodox Economics

The Routledge Handbook of Heterodox Economics PDF Author: Tae-Hee Jo
Publisher: Routledge
ISBN: 1317480295
Category : Business & Economics
Languages : en
Pages : 550

Book Description
The Routledge Handbook of Heterodox Economics presents a comprehensive overview of the latest work on economic theory and policy from a ‘pluralistic’ heterodox perspective. Contributions throughout the Handbook explore different theoretical perspectives including: Marxian-radical political economics; Post Keynesian-Sraffian economics; institutionalist-evolutionary economics; feminist economics; social economics; Régulation theory; the Social Structure of Accumulation approach; and ecological economics. They explain the structural properties and dynamics of capitalism, as well as propose economic and social policies for the benefit of the majority of the population. This book aims, firstly, to provide realistic and coherent theoretical frameworks to understand the capitalist economy in a constructive and forward-looking manner. Secondly, it delineates the future directions, as well as the current state, of heterodox economics, and then provides both ‘heat and light’ on controversial issues, drawing out the commonalities and differences among different heterodox economic approaches. The volume also envisions transformative economic and social policies for the majority of the population and explains why economics is, and should be treated as, a social science. This Handbook will be of compelling interest to those, including students, who wish to learn about alternative economic theories and policies that are rarely found in conventional economics textbooks or discussed in the mainstream media, and to critical economists and other social scientists who are concerned with analyzing pressing socio-economic issues.

The Handbook of Evolutionary Economic Geography

The Handbook of Evolutionary Economic Geography PDF Author: Ron Boschma
Publisher: Edward Elgar Publishing
ISBN: 1849806497
Category : Business & Economics
Languages : en
Pages : 577

Book Description
This wide-ranging Handbook is the first major compilation of the theoretical and empirical research that is forging the new and exciting paradigm of evolutionary economic geography.The book.s distinguished contributors set out the theoretical,methodological and empirical foundations of an evolutionary perspective on the economic landscape. In so doing, they explore the interplay between organizational dynamics, industrial dynamics and space; analyse the nature and spatial evolution of networks; address the evolution of institutions in territorial contexts; and explore the evolution ofagglomerations and clusters.

Marshall's Evolutionary Economics

Marshall's Evolutionary Economics PDF Author: Tiziano Raffaelli
Publisher: Routledge
ISBN: 1134511108
Category : Business & Economics
Languages : en
Pages : 235

Book Description
Alfred Marshall was one of the most important economists ever to have lived. This excellent new book, from a Marshall expert respected the world over, attempts to show that Marshall anticipated some of the views that are now associated with the cognitive sciences. Examining Marshall's philosophy of the human mind, his overall approach to economics, his concern for socio-economic issues, and the fertility of his framework, this book breathes fresh life into the fascinating world of Marshallian economics.

Routledge Handbook of Modern Economic History

Routledge Handbook of Modern Economic History PDF Author: Robert Whaples
Publisher: Routledge
ISBN: 0415677041
Category : Business & Economics
Languages : en
Pages : 365

Book Description
The aim of The Handbook of Modern Economic History will be to introduce readers to the key approaches and findings of economic historians who study the modern world. Modern economic history blends two approaches ' Cliometrics (which focuses on measuring economic variables and explicitly testing theories about the historical performance and development of the economy, as exemplified by the approach of Robert Fogel) and the New Institutional Economics (which focuses on how social, cultural, legal and organizational norms and rules shape ...

Evolutionary Economics and Creative Destruction

Evolutionary Economics and Creative Destruction PDF Author: J. Stanley Metcalfe
Publisher: Psychology Press
ISBN: 041540648X
Category : Evolutionary economics
Languages : en
Pages : 171

Book Description
The central theme of this book is competition treated as an evolutionary process in which the focus is upon economic change and not economic equilibrium. This theme is explored by linking together differences in economic behaviour with the role of markets as co-ordinating institutions. In this picture innovation plays a central role as a primary source of differential behaviour of firms and the purpose of the book is to identify the consequences of these differences for competition and competitive advantage.

Human Evolution, Economic Progress and Evolutionary Failure

Human Evolution, Economic Progress and Evolutionary Failure PDF Author: Bhanoji Rao
Publisher: Taylor & Francis
ISBN: 1351777769
Category : Business & Economics
Languages : en
Pages : 150

Book Description
Cover -- Title -- Copyright -- Dedication -- Contents -- List of tables -- List of boxes -- List of appendices -- Foreword -- Acknowledgements -- Prologue -- 1 Introduction and context -- PART I Human evolution -- 2 Synoptic view of human evolution via natural selection -- 3 Human evolution: beyond the physical -- PART II Economic progress -- 4 Population growth and economic progress: pre-industrial through the 1940s -- 5 Progress since 1950 and the emerging challenges -- PART III Understanding and tackling evolutionary failure -- 6 The idea of evolutionary failure -- 7 Addressing evolutionary failure: the way forward -- Epilogue: hope for humanity -- References and further reading -- Index.

Knowledge, Institutions and Evolution in Economics

Knowledge, Institutions and Evolution in Economics PDF Author: Brian Loasby
Publisher: Routledge
ISBN: 1134627246
Category : Business & Economics
Languages : en
Pages : 185

Book Description
This volume explores how the limitations of human knowledge creates opportunities as well as problems in the modern economy.

The Foundations of Evolutionary Institutional Economics

The Foundations of Evolutionary Institutional Economics PDF Author: Manuel Scholz-Wackerle
Publisher: Routledge
ISBN: 1136008721
Category : Business & Economics
Languages : en
Pages : 405

Book Description
Generic institutionalism offers a new perspective on institutional economic change within an evolutionary framework. The institutional landscape shapes the social fabric and economic organization in manifold ways. The book elaborates on the ubiquity of such institutional forms with regards to their emergence, durability and exit in social agency-structure relations. Thereby institutions are considered as social learning environments changing the knowledge base of the economy along generic rule-sets in non-nomological ways from within. Specific attention is given to a theoretical structuring of the topic in ontology, heuristics and methodology. Part I introduces a generic naturalistic ontology by comparing prevalent ontological claims in evolutionary economics and preparing them for a broader pluralist and interdisciplinary discourse. Part II reconsiders these ontological claims and confronts it with prevalent heuristics, conceptualizations and projections of institutional change. In this respect the book revisits the institutional economic thought of Thorstein Veblen, Friedrich August von Hayek, Joseph Alois Schumpeter and Pierre Bourdieu. A synthesis is suggested in an application of the generic rule-based approach. Part III discusses the implementation of rule-based bottom-up models of institutional change and provides a basic prototype agent-based computational simulation. The evolution of power relations plays an important role in the programming of real-life communication networks. This notion characterizes the discussed policy realms (Part IV) of ecological and financial sustainability as tremendously complex areas of institutional change in political economy, leading to the concluding topic of democracy in practice. The novelty of this approach is given by its modular theoretical structure. It turns out that institutional change is carried substantially by affective social orders in contrast to rational orders as communicated in orthodox economic realms. The characteristics of affective orders are derived theoretically from intersections between ontology and heuristics, where interdependencies between instinct, cognition, rationality, reason, social practice, habit, routine or disposition are essential for the embodiment of knowledge. This kind of research indicates new generic directions to study social learning in particular and institutional evolution in general.